US President Donald Trump is set to impose tariffs on imported automobiles, semiconductors, and pharmaceuticals at a rate of around 25%. The move would significantly expand the US trade war, affecting key consumer products. This proposal marks a reciprocal response to existing duties on metals, further escalating tensions between the US and its trading partners.
Source: https://www.bloomberg.com/news/articles/2025-02-18/trump-says-likely-to-impose-25-tariffs-on-autos-drugs-chips